Will Algorand (ALGO) Price Hit $1 Soon?

Algorand (ALGO) price bullish rally approaches $0.31 resistance, with a double bottom pattern hinting at breakout to $1 targets.

ALGO's double bottom signals a trend reversal, with key resistances at $0.3097 and $0.3017 nearing a breakout.

Trading volume jumps 55.2% to $466.91M; open interest steady at $83.27M, signaling rising trader engagement.

Algorand progresses towards decentralized governance with proposed xGov council to empower community decision-making.

$ALGO

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